Egypt – Takaful premiums at EGP 3 billion in 10m
Monday, 01 22 2018, Category: Islamic Insurance, Country: Egypt
Takaful companies achieved premiums of EGP 3 billion during the first 10 months of last year, which represents 10.3% of the total issuances during this period.
The total premiums written by insurance companies reached EGP 29 billion during the first 10 months of last year compared to EGP 18.3 billon during the same period last year, so the growth rate reached 58.4%.
Personal Takaful companies succeeded in writing EGP 1.6 billion by the end of October including 30% of this amount in individual contracts and 70% in group contracts.
Source: Amwal Al Ghad